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Ashtead ( (GB:AHT) ) has issued an update.
Ashtead Group plc, a prominent entity in the equipment rental industry, has announced a significant transaction involving the repurchase of its own shares. On February 19, 2025, the company repurchased 40,000 of its ordinary shares at an average price of 4,984 pence per share as part of its $1.5 billion share repurchase program. This transaction is expected to impact the company’s share capital structure by increasing the number of shares held in Treasury to 16,096,947, while the total remaining ordinary shares in issue will be 435,257,886. This move is likely to have implications for shareholders regarding their interest notifications under the Disclosure and Transparency Rules.
More about Ashtead
YTD Price Performance: 3.49%
Average Trading Volume: 1,104,201
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £22.21B
See more data about AHT stock on TipRanks’ Stock Analysis page.
